Patek Philippe - The Hong Kong Watch Auction: XV Hong Kong Monday, November 28, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2006
    Reference No: 5004P-033
    Movement No: 3’275’059
    Case No: 4’146’529
    Material: Platinum
    Calibre: Manual, val. CHR27-70 Q, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Mercury Moscow dated November 2006, additional white dial with diamond-set indexes, instructions manual, product literature, printed portrait of watch, leather document holder, wooden fitted presentation box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming production of the present watch with semi-glossy black dial and diamond indexes in 2006 and its subsequent date of sale on 10th October 2006.

  • Catalogue Essay

    Launched in 1996, the Patek Philippe ref. 5004 is the firm’s first serially produced perpetual calendar with a split seconds complication. This reference, touching the hearts of collectors and connoisseurs, perfectly encapsulates the centuries-old horological prowess of the esteemed manufacturer and their timeless distinct design codes. The timepiece also marked another momentous moment for the firm as it featured the last Lemania-based caliber, cal. CH 27-70 Q.

    The making of a split seconds perpetual calendar is no easy feat. Not only painstakingly complex and time-consuming to realise, the grand complication also requires the most skilled artisans to execute. Combining its intricacy and costly process, only a dozen examples left the workbench per annum and after a sweet but short 16-year production run, it was subsequently replaced in 2012 by the ref. 5204, fitted with an in-house movement. A rare bird indeed, the ref. 5004 was an application piece which was arguably one of the most unattainable models that was near impossible to secure from boutiques.

    The present example is an exquisite platinum ref. 5004 from 2006. Featuring a delicious semi-glossy dial in black with diamond-set hour markers, the watch is further accompanied by an additional silvered dial in the same configuration and brilliant indexes, rarely seen on this model. In 2020, the very same ref. 5004P was previously auctioned at Phillips in Geneva, fetching a total of CHF 289,800.

    Given its rarity and beautiful condition offered with its Certificate of Origin and Extract from the Archives, the present Patek Philippe ref. 5004P is, no doubt, a collector’s dream.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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PLEASE NOTE, THIS LOT IS A PREMIUM LOT. TO BID ON THE LOT YOU MUST COMPLETE AND SATISFY OUR PREMIUM LOT PRE-REGISTRATION PROCEDURE NO LATER THAN 24 HOURS BEFORE THE START OF THE AUCTION SESSION IN WHICH IT IS OFFERED. PLEASE ALSO NOTE THAT ALL BIDDERS MUST PLACE BIDS IN PERSON, VIA ABSENTEE BID, OR BY TELEPHONE. PLEASE CONTACT THE DEPARTMENT FOR DETAILS.

Σ ✱920

Ref. 5004P-033
A highly important, rare and elegant platinum perpetual calendar split second chronograph wristwatch with moon phases, leap year, AM/PM indication, additional dial, Certificate of Origin and box

2006
36mm diameter
Case, dial movement and clasp signed

Estimate
HK$1,800,000 - 2,800,000 
€236,000-367,000
$231,000-359,000

Sold for HK$2,772,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XV

28 - 29 November 2022 (Online Registration ends 27 Nov, 2pm HKT)